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US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations /
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2024-07-04 03:56:14

US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: Dollar Weakens as US Economic Data Softens, Yen Remains at 38-Year Low ...

Dollar Weakens as US Economic Data Softens, Yen Remains at 38-Year Low
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#332a5058 ver:0.53

The weakening US economic data has caused the dollar to weaken, while the yen remains at a 38-year low. The yen reached a record low against the euro. Traders are anticipating a possible rate cut by the Federal Reserve, leading to the yen's decline. The market is now pricing in a 68% chance of a rate cut in September. #USD #yen #economy #interestrates...

#newstr #JapaneseYen #UsDollar #CurrencyExchangeRates #UsEconomy #InterestRateCuts

https://here.news/story/332a5058?ver=0.53
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